Defining or requesting an organization unit branch budget

or

Select Position Budget Manager > Position Plans, open the position plan for which you want to define a budget, and click the Budgets tab.

or

To request a budget to be routed for approval, click Request A New Budget.

Budget Date

Specify the budget date. It must be within the date range for the position plan.

Organization Unit Branch

Select the organization unit branch for which you want to define a budget. This is the parent organization unit. The budget applies to this organization unit and all its children organization units.

Note: 

You can define multiple budgets for the same organization unit branch, but with different start dates. When a budget action is taken that includes any organization unit in the organization unit branch, the effective date of the Hire action determines which budget to apply.

FTE

If the position plan budgets by FTE, then specify the budgeted FTE for the organization unit branch.

Headcount

If the position plan budgets by headcount, then specify the budgeted headcount for the organization unit branch.

Salary

If the position plan budgets by salary, then specify the budgeted salary for the organization unit branch and the currency in which the salary is expressed.

When you save the budget, the salary amount is converted to the position plan currency.

Budget Reason

Select a reason for defining the budget. Budget reasons are defined in Administrator > Set Up > Action Reasons with a subject of HCMPositionPlanBudget.

Comments

Optionally, add comments about the budget.

The budget is displayed after it has been approved.